Actually the penalty is closer to $39 million I think, at the current exchange rate. This was announced last Wednesday, and had no negative effect on the SP. It's the court determined penalty for CSI's 2010 cancellation of LDK's "Take or Pay" wafer contract from 2007 through 2010. It was baked into the SP a long time ago, and I believe is aready included in their cash reserves like the AD penalties were.
This morning we're seeing blatant, low volume manipulation by hedge fund(s) buying throught EDGX dropping CSIQ and TSL with large spreads, at the same time traders are trying to take profits before higher taxes kick in. Volume should resume tomorrow.